P308, Canal Heights 2
Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for P308, Canal Heights 2
What is P308 worth today?
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Source: Dubai Land Department. Updated 10 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 440 sqft
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.24M · October 2023
- Building
- Canal Heights 2
About P308, Canal Heights 2
P308 is a studio of 440 sqft of Canal Heights 2, a 43-storey tower in Business Bay completed in 2027 by Resta Real Estate Development . The developer sold it on 10 October 2023 for AED 1,243,000, or AED 2,822 per sqft, in line with the AED 2,887 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for P308 over time
P308 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where P308 sits
All 256 studios →P308 last sold in October 2023 at AED 2,822 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,887). Over the last 12 months studios sold for AED 1,247,400 to 1,402,000, around AED 2,851 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 492 sqft | 1,402,000 | 2,851 | ||
| 11 Sep 202611 September 2026 | 477 sqft | 1,247,400 | 2,616 | ||
| 20 Aug 202620 August 2026 | 456 sqft | 1,304,000 | 2,859 | ||
| 26 Jun 202626 June 2026 | 458 sqft | 1,313,000 | 2,864 |
Canal Heights 2
Building457 apartments, studios to 4-bed over 43 floors in Business Bay, completed in 2027 by Resta Real Estate Development . 27 sold in the last 12 months.
- Typical price per sqft
- AED 2,850 Up 1.4%
- Typical sale
- AED 3.48M
- Typical rent
- Few contracts
- Typical yield
P308, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 10 October 2023 for AED 1,243,000, or AED 2,822 per sqft.
- Studios in Canal Heights 2 sold for AED 1,247,400–1,402,000 in the 12 months to November 2026; the building's median across all types is AED 2,850 per sqft.
Source: Dubai Land Department. Updated 10 October 2023.
Questions about P308, Canal Heights 2
What did unit P308 last sell for?
AED 1,243,000 on 10 October 2023, sold by the developer: AED 2,822 per sqft for 440 sqft. It is the only registered sale of the unit.
How big is unit P308?
440 sqft (40.9 sqm): a studio of a 43-storey tower completed in 2027.
What is unit P308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Canal Heights 2 sold for AED 1,247,400 to 1,402,000 in the last 12 months, around AED 2,851 per sqft.
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Mortgage on P308, Canal Heights 2
Starts from the last sale price (AED 1.24M, 10 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,243,000
- Deposit, UAE resident (20%)
- AED 248,600
- Deposit, non-resident (40%)
- AED 497,200
- Monthly over 25 years at 3.7%
- AED 5,085
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →